No theories, no B.S., no predictions. Make money not talk!!!
It is no secret that the present meltdown in the markets has left novice investors in a pitiable and poverty stricken state.
Worse, even our traditional Gurus, who strut around spouting quotes from Warren Buffett and Charlie Munger, are in an equally pitiable state, barely able to make ends meet.
Thankfully, Ashwani Gujral has risen to the occasion and is providing some inspiration that big money can still be made from the markets if we tweak our style a bit.
“No theories, no B.S., no predictions. Make money not talk!!!,” he thundered while posting a screenshot showing an eye-popping gain of Rs. 18.29 lakh.
This is what we teach at our workshops. No theories, no B.S., no predictions. Make money not talk!!! pic.twitter.com/A2SFQ7tOpW
— Ashwani gujral (@GujralAshwani) April 13, 2018
However, whether the gain was made in one day or over a period of time is not clear.
He posted yet another screenshot showing an earning of Rs. 13.88 lakh.
“Gimme volatility, I will give you profits!!!,” it was said.
Gimme volatility, I will give you profits!!! pic.twitter.com/jN4bLv9Sq5
— Ashwani gujral (@GujralAshwani) April 13, 2018
Rs. 53 lakh earned in 12 days of April 2018
Ashwani Gujral has made the explosive revelation that he has pocketed a fortune of Rs. 53 lakh in just the first 12 days of April 2018.
Apparently, in the first six trading days, Rs. 36 lakh (Rs. 78 lakh – Rs. 42 lakh) was amassed.
This has swelled to Rs. 53 lakh (Rs. 95 lakh – Rs. 42 lakh) in 12 days.
6 trading days 42 to 78lk, when da going is good make it large!!! pic.twitter.com/DxcfDLbuAg
— Ashwani gujral (@GujralAshwani) April 9, 2018
42 become 78 and now 84 lk, 100 pc a month, big vol, big trades this month!!! gud start to da year
— Ashwani gujral (@GujralAshwani) April 12, 2018
42 to 78 to 84 becomes 91, done for da day!!!
— Ashwani gujral (@GujralAshwani) April 13, 2018
Phewwww, 91 becomes 95, long day!!!
— Ashwani gujral (@GujralAshwani) April 13, 2018
Rs. 2.49 Crore pocketed in FY 2017-18
On an earlier occasion, Ashwani Gujral had made the solemn promise that he would disclose his annual earnings so that we could know whether his earnings screenshots are flash-in-the-pans or consistent earnings.
He has now made good that promise and disclosed his earnings for FY 2017-18.
The earnings total a fabulous Rs. 2.49 crore.
Of the eleven transactions put through, only two suffered a loss.
One of the losses is a nominal amount of Rs. 59,994.
The highest profit of Rs. 44 lakh was earned from the July Futures followed by Rs. 43 lakh in December and Rs. 42 lakh in August.
The lowest earning of Rs. 1.08 lakh has come from the Feb Futures.
With an initial corpus of 50lk. Note does not include commissions or taxes!!! pic.twitter.com/q1kg6k3L8B
— Ashwani gujral (@GujralAshwani) April 9, 2018
That was a promise to the people following him….he would show his consolidated year's P&L. Kudos sir, this is exemplary !! Take a bow
— Vinayak Jain (@vinayakjain26) April 9, 2018
Sir I tag you as #TradingKingGujralAshwani if Mr Buffet is Investment King. With this rate your name shall be in the world's richest person. Again many compliments and congratulations for you endeavour, courage and finally success.
— Priti (@Priti_Pattanaik) April 9, 2018
Trading capital Rs. 6.25 crore, margin money Rs. 50 lakh
Ashwani Gujral clarified that his ‘margin money’ is Rs. 50 lakh and that this sum is 8% of the ‘trading capital’. This means that the trading capital is Rs. 6.25 crore.
Lot of you confuse my margin money to be the total trading capital. The 50 lk is bout 8 pc of my capital available for trading, I.e. trading capital. Hence 15 lk is 3 pc of overall capital. The market will need to take me to cleaners 10 times over to finish me
— Ashwani gujral (@GujralAshwani) April 12, 2018
Lost 15 lk on one day, made 18lk in da next 2 days, coming back from losing gives u confidence of taking da risk again coz you know, u will make it all back!!!
— Ashwani gujral (@GujralAshwani) April 12, 2018
Gurus should show earnings or STFU
Naturally, the mega earning has emboldened Ashwani Gujral to become aggressive and take potshots at other trading gurus.
“I wish all da “I told u so” types put up their trading statements up on social media or shut da fuck up!!!” he yelled in a belligerent tone.
I wish all da “I told u so” types put up their trading statements up on social media or shut da fuck up!!!
— Ashwani gujral (@GujralAshwani) November 18, 2017
That's the absolute acid test very few would dare to go under.
— Sudarshan (@SuperSud9) November 18, 2017
Looks like some one picked up on you after you post P&L. They envy you. Keep doing it 😀
— Sunder (@SunderjiJB) November 18, 2017
Prima facie, there is merit in the demand that Gurus should disclose their earnings because we can then know whether the Gurus are just spouting academic theories or are raking in big bucks.
Other trader rakes in Rs. 1.20 crore
Other traders also revealed their earnings statements with one claiming to have pocketed MTM (Mark to Market) profit of Rs. 1.20 crore
This tweet is dedicated to a old man who called me as beggar and his bunch of bullies, can they make this kind of money in their life time?
MTM profit of more than Rs 1.2 Crore. pic.twitter.com/tPpeGnvDtQ— P R Sundar (@PRSundar64) April 5, 2018
More gains are gushing in:
Another Happy Day with about Rs 35 Lakhs profit. pic.twitter.com/rBt6kpISe6
— P R Sundar (@PRSundar64) April 9, 2018
Good and stable expiry, traded about 13 lakh quantity and made about Rs 35 lakhs profit. pic.twitter.com/R6q5sfwvl7
— P R Sundar (@PRSundar64) April 12, 2018
Trade like a sparrow with 100+ trades a day
In sharp contrast to Ashwani Gujral’s style of trading in heavy lots of Bank Nifty, a trader named Jegathesan Durairaj makes about 100 trades a day and scalps petty profits from each.
According to moneycontrol, Jegathesan Durairaj is walking in the footsteps of a renowned trader named Mark Weinstein who believes that one must act like a sparrow and scalp tiny profits whenever the occasion arises.
“When I trade at home, he says, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away. They keep on flying back and forth, taking small bits of bread. They may have to make a hundred stabs at a piece of bread to get what a pigeon gets at one time, but that is why a pigeon is a pigeon. You will never be able to shoot a sparrow, it is just too fast.
That is how Weinstein trades and so do a number of scalpers who are not only risk-averse but are happy by taking a number of small profits and concede only a small part of their capital if they are wrong.
Yet there is a method to the madness that the scalpers do. They, like Weinstein’s sparrow, make a healthy living by trading small but trading often.”
Excerpt from the book "Market Wizards"
This chapter interviews Mark Weinstein, a trader who is said to have a near perfect (99%) career win rate on his trading.
TLDR: Limit losses quickly. pic.twitter.com/W5a7pVRzdW
— Carter Thomas (@carterthomas) March 5, 2018
"Don't be arrogant. When you get arrogant, you forsake risk control. The best traders are the most humble." ~Mark Weinstein
— Michael Lamothe (@MichaelGLamothe) March 30, 2015
Jegathesan Durairaj is also raking in hefty gains if one goes by his disclosures.
He made Rs. 45,000 out of 150 trades.
What a expiry!! Wanted to play defensive due to less limit, but market invited me to play aggressively. Punched 150 trades and made profit 45K (Total MTM 62K – ROI 1%). https://t.co/GxpgsqtUuD
— Jegan (@itjegan) April 12, 2018
Didn't do any positional trade for 2 days as I am in native. Got the limit and started expiry trading late. Started very defensively, but became very aggressive in the end. Made profit of 45K. Total MTM (60K). Folio is 1% up. will update blog. #optionstrading Overall positions pic.twitter.com/vk0Rvr5ar5
— Jegan (@itjegan) April 12, 2018
Jegathesan is a 9 time winner of Zerodha’s 60 Day Challenge which obviously implies that he has mastered the art of trading.
What about our share of the loot?
It is obvious from the disclosures of Ashwani Gujral and the other traders that there is a massive fortune waiting for us in Dalal Street. If we can decipher the secret formula, the day will not be far when we can also post our earnings’ screenshots and win accolades from other novices!
The Business of Trading: 101 steps to trading success Kindle Edition by John Piper (FREE)
How To Make Money Trading Derivatives: An Insider’s Guide by Ashwani Gujral
The New Market Wizards: Conversations with America’s Top Traders by Jack D. Schwager
i have taken services of ashwani gujral and ended in losing half of the amount. friends go for long term.
if 2.5 crore can be made from 50 lakhs means return of 500%, if we extrapolate this ratio then only in 10 to 15 years aswani will be richest person. it is worth mentioning that he is same field from last 15 to 20 years even then still offering his full time services during market hour for hopefully for a few lakhs rupees.
any big and successful investor manage only his money does not tender full time services,deep thought is required.
Why do we heat about only the gains? One should see Mr.Gujral’s income tax filings to get a true picture. Audit. Invest, don’t trade.
Looking at the screenshot, the average profit margin of Ashwini seems very low. As per my estimates, the transaction costs alone would be close to Rs. 1 crore. Even after considering transaction costs, making 1.5 crores profit in a year with an initial capital of 50 lakhs is pretty cool.
A gambler also makes money one day. Out of a million buyers, only one would get a lottery. So one can praise gambling and lottery to become rich.
This blog has big following and unfortunately these articles making me extremely nervous quoting ‘trading’ as hero. I am sure some novice and innocent investors might be tempted and jumping into trading. I have personally seen many traders who go through horrible mood swings in a day, week and month. Life can’t be either upbeat mood one day or complete ruin another day.
I only want readers to understand that ” there is nothing like easy money”.
It’s unfair to constantly question someone who shows what he’s doing and offering to teach it for a fair amount of fee. I’m an ardent follower of Mr Ashwani Gujral and used to watch his trading snippets he shared in his shows very closely. As far as I remember, he never said “Follow Me and I’ll make you rich”. He’d always say “You win when you follow the market’s trend”. He tries to do that and has taught himself a system which he’s trying to teach. You want it, go ahead and learn and be prepared to be learner for a lifetime because that’s what this business demands you to be.
This website is a great tool for investors, traders and researchers as well. And the author is giving you everything you need to make money in the market. So be thankful and grateful to him. He does it with a clean page without giving in to stupid ads.
Friends, this country is lawless. There are laws but how many of us are following them?! Everyday a bank’s chief or an executive is in the news for loan frauds. What could we do about that? For all you might know, that was my money, your money and our money. But yet we can’t recover them. Are there laws in place to protect our money? Oh, yes. But are we protected? Well. This is the state of affairs.
A few gentlemen like Mr Ashwani or the author of this website, who give their wisdom absolutely free of cost or for a fair fee, need to be appreciated. Please show me more of these people if they really exist in this country, I’ll blindly follow them and be thankful to you all.
Trading is a mindgame. Investing is a long mindgame. Try to teach yourself to manage your mind before you jump into stockmarket. It will take you a long way.
My Thoughts
1. What about the P&L for the Month of April? All trades start from May. Am sure he would have traded in April as he is a day trader.
2. The average profit for the Month for Mr Gujaral is within Rs 10 to Rs 20. It’s the huge volume which is making all the money. So it is obvious that he is a day trader operating on very thin margins of 10 to 20 Rs.
Kudos for such a fantastic performance. My learning from this
1. What we need is a temperament to be a quick buck trader – You will be operating on very thin margins and hence huge volume is a must. Trading high volumes mean one has to be brave heart – as profits and losses both will be highly magnified. It requires big heart to see losses mount – one has a tendency to freeze when losses suddenly mount.
2. It requires strict discipline – Cut your losses fast and ride you gains. One has to be able to have steel heart and cut losses quickly as you will loose your shirt quickly in this game
3. Trading is emotionally very draining – Am saying this having done trading myself (although not of the scale of Mr Gujral), and am reiterating from the Book of Jack Schwager – Market Wizards.
It is emotionally draining because
(a) When you are making losses – you are worried, to cut them fast and also to recover them as quickly as possible
(b) When you are making profits – you are worried to book them, as it will vanish quickly if we donot book them.
(c) often after booking profits – market turns more favorable and hence we regret booking early.
This drain wears best of people – trading is hyper active and one must really be cut out to become a good trader.
I agree with Rajiv. Small time investors entering Trading arena for easy money would end up loosing their capital. They will gain here and there but ultimately end up loosing. They will be outwitted by smart traders , who will be one step ahead of them. Big time investors do not trade and go for long term investing. Pls read and listen to Vijay kedia who chose long term investing after a bout in trading.There are any number of examples who have gone bankrupt in trading .
all this hype reminds me of people like Maradonna.The medias only shows when goals are scored and points are made,and not all the time sacrificed in practice !!!
Once you have the skills you earn money !
Only difference is that Maradonna didnt show the account statement online to proof he was good in what he did.
in my 25 years experience those who make the money never speaks about that , those speak loudly about their success ,might have made after so many failures, attempts , you cant expect him continue like this Don’t follow anybody, be on your own.
There is no doubt about it – trading is any day more difficult than long term investing. It is harder to make money trading. Yet the average man prefers being a trader rather than an investor. Why? People want to get rich fast. I tried it for a brief while but gave up. Not my cup of tea. Unless you really have the temperament and time (few hours every day) don’t get into it.
Wow traders making crores everyday and we long term investors are stuck with losses
Dolly khanna bought som distilleries & radico khaitan as per latest share holding pattern.
I know a guy who is making more than aswani gujral… He is a strict disciplined trader.. U won’t believe his initial corpus for trading started with 6000 rupees only. Now he earned more than 1.5crore and still counting. His daily earnings more than a lakh. More importantly he is a college going guy. So understanding is trading needs strictly control over emotions, a top money management techniques and a good executable trading system whatever it may be. Thank you all. And happy trading.
Dear Sridhar Kanchi,
Can you give here the email of your friend who has made more then 1.5 crores. I wish to contact him & try to learn from him. Thanks.
Guys,
i am always suspicious of such traders who claim to be earning so much money and are advertising to the world to take their courses.
i believe the quote “those who CAN, DO and those who CAN’T, TEACH”, applies exactly in using technical analysis (TA) to make money.
That does not mean TA does not work. It works for sure. But you will find the people who make loads of money using TA successfully are Not on internet and Never selling courses.
Those selling courses (and writing books) are almost surely Failed traders, who can boost all theories, but were unable to make any money with it.
So don’t be misled by such spurious claims and train yourself to acquire know how of investing in stocks your own way and make money slowly
If this guy is so successful, wonder why is he not working for any Billion dollar hedge funds already.
Experts like Warren buffett can make may be 50% gain per annum on their capital and new investors can keep reasonable expectations of making 10-30% per annum, if they are making any profits.
There is no easy way to riches, especially in stock market and always beware of such dream sellers.
If he is right and that profitable, we should see his name in the likes of Rakesh Jhunjhunwala and all others.
Till then. i am not convinced
Cheers,
A
Great and informative.
purely dream sellers.if you can do it then do , self boasting and coaching s why?
Just to put in trap ,the poor who has less and intending to get more by paying a tuition fee which makes the tutor rich and the poor ….poorer.
choice is urs if you can master it.